← Back to the club

Calendly

SaaS/schedulingUSA
✂️ Markdown
Peak $3 BillionToday
~-60%
from peak
  1. 🦄
    Became a unicorn
    Jan 2021
  2. 📈
    Peak valuation
    $3 Billion ’21
  3. 💔
    Became a Unitard
    ~2023
  4. 💸
    Last valuation
    ~$1.2B
Current status
Fallen unicorn est. (largest SaaS faller cited)

How it happened

Calendly is a US scheduling-software company that raised at a $3B valuation in early 2021. As the SaaS funding boom cooled, third-party estimates from PitchBook marked its value down sharply, citing it as one of the largest SaaS fallen unicorns. The estimated decline of roughly 60% would put it below the $1B threshold, though as a private firm the markdown reflects an external estimate rather than a realized round.

Source: CNBC/PitchBook